Ampere Vehicles, the e-mobility business of Greaves Cotton Limited, announced a significant price cut on its electric scooters post EV Policy 2021 announced by the Gujarat state government.

Bajaj Auto announced a price of Rs 1,54,176 for its Dominar 250, which now costs INR 16,800 less. The newly announced price is expected to grow the franchise further.

Ampere Vehicles, the e-mobility wing of Greaves Cotton Limited, announced a price cut on electric scooters up to Rs. 9000. It is based on the recent FAME II subsidy revision policy by the Government.

Though September 2018 was muted for passenger vehicles due to factors such as high base effect and rising fuel prices, the industry remains optimist for the rest of the year with the upcoming festive season expected to give a boost to PV sales.

During June 2017, passenger vehicle sales skidded by 11.21 per cent to touch sales of 198,399 units compared to 223,454 units sold during June 2016 in the domestic market.

A number of other India-made luxury vehicles have also become lighter on the pocket, as manufacturers offer benefits ranging from price reductions and attractive financing schemes. The Goods and Services Tax (GST) has been one of the key things that has caught the attention of the market given its implications on earnings of companies.

Fiat Chrysler Automobiles India’s (FCAI) new product strategy has an overwhelming focus on the Jeep brand in general and its soon to be launched, locally-made Jeep Compass in particular.

As automakers increase their attention towards India as a competitive sourcing destination, suppliers are reviewing their strategie